"Two-year UK government bond yield drops by about 9 basis points, employment data boosts expectations of an interest rate cut by the Bank of England."

In the European session on Tuesday, the yield on the UK 10-year government bond fell by 8.0 basis points to 4.382%. The UK September ILO employment figures released at 15:00 Beijing time unexpectedly decreased by 22,000, causing the unemployment rate to rise above expectations to 5%. At the opening of the European stock market at 16:00, there was a "gap down" and prices continued to fluctuate downward - the US employment data release briefly pushed the yield to a new low of 4.374%. The yield on the UK 2-year government bond fell by 8.7 basis points to 3.720%. The yield on the UK 30-year government bond fell by 7.1 basis points to 5.168%, and the yield on the UK 50-year government bond fell by 6.8 basis points to 4.668%. The 2/10-year UK government bond yield spread increased by 0.758 basis points to +66.188 basis points.